Emergency Medicine Billing and Business Management Solutions
Is your emergency medicine group collecting every dollar it is owed?
Emergency medicine groups face unique challenges in today’s healthcare environment. The group has obligations to its patients and to its hospital partner(s). At the same time, emergency medicine has unique requirements, needs and priorities. This is particularly true for coding and billing.
At AdvantEdge, we recognize these challenges and work with your group, as a business partner, to solve them. We take pride in being more than a billing company: our healthcare financial management solutions enable your group to be successful now and in the future. So whether you need assistance with a coding project today or a complex ACO reimbursement solution for tomorrow, we are ready to help with your needs.
Customized Emergency Medicine Billing, Coding and Practice Management Solutions
Your practice and hospital deserve a billing process tailored to your precise needs. To highlight, our solutions include:
- AdvantEdge emergency medicine billing technology links directly to hospital and other systems.
- Technical capabilities to easily interface with your ADT, EMR, charge capture and other systems
- Dictated emergency medicine reports are translated directly to the proper coding with exceptions coded by our certified coders.
- Flexible processes that adapt to your workflow with special attention to when and where your staff and physicians want to be involved
- A complete range of practice management services, if you need them
- AdvantEdge staff are available when and where you need them
Billing Performance that Matters: Results, Results, Results
You expect your billing partner to deliver strong collections, every day. The core AdvantEdge systems and operating processes have a relentless focus on this mission. Results can be seen in metrics such as Net Collections Rate (mid to high 90’s), Days in A/R (low 30’s), Days over 120 (under 10%) and Bad Debt percentage (under 3%). More important, however, are the results that show up in your bank account: monthly cash collected. New AdvantEdge clients see more cash, with increased consistency of cash flow.
Results and Information
Currently, medical practices and hospitals require increasing amounts of information from their coding and billing patterns and these needs are escalating every day. In today’s world, that means the Quality Payment Program with the Merit-based Incentive Program (MIPS) which replaced Meaningful Use, hospital quality metrics, and other programs. It is clear that clinical quality and outcomes measures and payment information must be linked together—and not just for your group but for your group in partnership with your hospital(s), referring physicians and payors.
In this environment, practices and hospitals require business partners whose services include comprehensive informatics such as dashboards, data analytics, drill downs and, most importantly, the flexibility to adapt to the evolving requirements. What makes us different from other emergency medicine billing companies is that AdvantEdge is also a technology company. That allows AdvantEdge to quickly adapt to changing regulatory and customer requirements. And it empowers our clients with leading informatics through our AdvantEdge Analytics (A2) portal.
Emergency Medicine Billing Partner
Our experience proves that the best medical billing results occur when there is a strong partnership between your team and our team. This means complete transparency with communications and information. We encourage and expect our customers to be involved in as much of the process as they wish. At the same time, we want to remove administrative burdens from your practice and from your providers (learn more about emergency medicine practice management services). We work with each client to achieve the right balance. We look forward to partnering with your emergency medicine practice!
Call us at 877 501-1611 to learn more.